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Helene Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 270810112 ✦ Raleigh, NC ✦ Designated as a 501(c)(3)

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Overview

What is Helene Foundation?

The Helene Foundation is a compassionate nonprofit organization situated in Raleigh, North Carolina. With a modest workforce of one dedicated individual, their primary mission is to offer assistance to women undergoing recovery from cancer treatments. They accomplish this goal by providing grants and offering supportive resources to around 40 families. The foundation's actions are geared towards easing the financial and emotional burden that often accompanies cancer treatment, thereby contributing to the overall well-being of these women.


Official website here: www.helenefoundation.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 36% (Zero-Star out of Four Star rating)

The Helene Foundation has received a low rating of 36%, reflecting significant concerns regarding its accountability and financial practices. The score is based solely on the Accountability & Finance beacon, indicating areas where the organization falters, particularly in governance and transparency. While the foundation has a majority of independent board members and upholds some positive practices like documenting board meeting minutes, several critical policies are absent.

Key organizational strengths include a fully independent board and no material diversion of assets, which suggests a measure of integrity in governance. However, the lack of essential policies such as a conflict of interest policy and a whistleblower policy raises red flags about organizational oversight and transparency. Additionally, the program expense ratio of 49.79% and liabilities to assets ratio of 2.64% signify potential financial inefficiencies and risks.

In summary, while the Helene Foundation exhibits some positive governance indicators, its overall low rating highlights significant weaknesses in policy and financial management. Stakeholders should consider these limitations when evaluating the foundation's effectiveness and reliability.


This AI summary has been generated from information found on Charity Navigator.

Is Helene Foundation legitimate?

Helene Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Helene Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $61,861

For more financial information, click here


Official website here: www.helenefoundation.com

What is the mission statement of Helene Foundation?

The Helene Foundation's mission is centered around providing assistance to women patients who are recovering from cancer treatments. This mission is carried out by offering financial grants and support to approximately 40 mothers and families associated with these women patients. The foundation's primary goal is to contribute to their recovery process, ensuring they have the necessary resources during this challenging time.


Official website here: www.helenefoundation.com

Who is the CEO of Helene Foundation?

Susan Bowers is the Vice Preside of Helene Foundation.


Official website here: www.helenefoundation.com

What is the revenue of Helene Foundation?

Helene Foundation's revenue in 2022 was $492,489.


Official website here: www.helenefoundation.com

Who are the executives of Helene Foundation and what are their salaries?

The average compensation at Helene Foundation during 2022 was $61,861. There is 1 employee at Helene Foundation.


Here are 10 key members and their salaries:


Dr Tracy Davidian (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Dan Davidian (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Murgitroyd (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Anita Wells (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristi Mckeown (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Bowers (Officer)
  • Compensation: $61,861
  • Related: $0
  • Other: $0
Andrea Oakley Fox (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Merritt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry Dehart (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wendie Hill (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.helenefoundation.com

Where can I find the form 990 for Helene Foundation?

Helene Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.helenefoundation.com

Learn more at the official website: www.helenefoundation.com

Mission Statement of Helene Foundation

The Helene Foundation is dedicated to providing assistance to women patients who are recovering from cancer treatments. Its mission is centered around offering grants and support to the mothers and families of these patients, aiming to alleviate some of the burdens they may be facing during this challenging time. The foundation's efforts are focused on providing aid to these individuals, enabling them to focus on their recovery process more effectively.

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Impact




July, 2024

The Helene Foundation provides critical assistance to women patients recovering from cancer treatments. They have made a tangible impact by supporting 40 mothers and families of women patients in their recovery journey through grants and various forms of support. This organization based in Raleigh, North Carolina, is dedicated to providing much-needed help to women who are navigating the challenges of cancer treatment and recovery. Their mission is focused on offering valuable assistance to these brave individuals during a difficult and often overwhelming time in their lives.




This information is meant to be a general summary of Helene Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$492,489 (2022)
Expenses
$312,067 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $493
  • Gross Receipts: $492,489

Assets and Liabilities:

  • Total Assets: $573,021
  • Total Liabilities: $15,185
  • Net Assets: $557,836

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Organization Details

Founding Year

2009

Principal Officer

Susan Bowers

Main Address

13200 STRICKLAND ROAD STE 114-308, RALEIGH, NC, 27613

NTEE Category

Code: G193 - Disease

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